debt
confidence high
sentiment neutral
materiality 0.35
Know Labs extends maturity of Clayton Struve convertible notes by one year to Sept 2024
USBC, Inc.
- Amendments extend due dates of senior secured convertible redeemable notes from Sept 30, 2023 to Sept 30, 2024.
- Notes issued to Clayton Struve (four notes dated 2016, 2017 (two), and 2018).
- Ninth amendment for 2016 and 2017 notes; eighth amendment for 2018 note.
- No other changes to principal, interest, or conversion terms disclosed.